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EQL.TO vs. HIU.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

EQL.TO vs. HIU.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight Index ETF CAD (EQL.TO) and BetaPro S&P 500 Daily Inverse ETF (HIU.TO).

EQL.TO and HIU.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQL.TO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on May 29, 2018. HIU.TO is a passively managed fund by Global X that tracks the performance of the S&P 500 Index. It was launched on Feb 3, 2010. Both EQL.TO and HIU.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EQL.TO vs. HIU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco S&P 500 Equal Weight Index ETF CAD (EQL.TO) and BetaPro S&P 500 Daily Inverse ETF (HIU.TO). The values are adjusted to include any dividend payments, if applicable.

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EQL.TO vs. HIU.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
EQL.TO
Invesco S&P 500 Equal Weight Index ETF CAD		1.77%5.94%27.38%19.69%1.21%37.03%21.67%31.63%-4.48%
HIU.TO
BetaPro S&P 500 Daily Inverse ETF		8.11%-13.79%-14.77%-15.60%19.13%-24.53%-24.80%-23.55%7.55%

Returns By Period

In the year-to-date period, EQL.TO achieves a 1.77% return, which is significantly lower than HIU.TO's 8.11% return.

EQL.TO

1D
2.02%
1M
-4.20%
YTD
1.77%
6M
1.79%
1Y
8.58%
3Y*
16.16%
5Y*
15.15%
10Y*
—

HIU.TO

1D
0.39%
1M
8.33%
YTD
8.11%
6M
5.99%
1Y
-11.39%
3Y*
-10.68%
5Y*
-8.37%
10Y*
-12.48%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P 500 Equal Weight Index ETF CAD

BetaPro S&P 500 Daily Inverse ETF

Often compared with EQL.TO:
EQL.TO vs. VFV.TOEQL.TO vs. ZDJ.TOEQL.TO vs. VIU.TOEQL.TO vs. ZSP.TOEQL.TO vs. XGI.TOEQL.TO vs. XMAGEQL.TO vs. CIF.TO
Often compared with HIU.TO:
HIU.TO vs. HDIV.TOHIU.TO vs. EQLI.TOHIU.TO vs. ESG.TOHIU.TO vs. VSP.TOHIU.TO vs. XSP.TOHIU.TO vs. ZSP.TOHIU.TO vs. VFV.TO

EQL.TO vs. HIU.TO - Expense Ratio Comparison

EQL.TO has a 0.25% expense ratio, which is lower than HIU.TO's 1.75% expense ratio.

HIU.TO
BetaPro S&P 500 Daily Inverse ETF
EQL.TO
Invesco S&P 500 Equal Weight Index ETF CAD

Return for Risk

EQL.TO vs. HIU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EQL.TO
EQL.TO Risk / Return Rank: 3030
Overall Rank
EQL.TO Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
EQL.TO Sortino Ratio Rank: 2727
Sortino Ratio Rank
EQL.TO Omega Ratio Rank: 2828
Omega Ratio Rank
EQL.TO Calmar Ratio Rank: 3232
Calmar Ratio Rank
EQL.TO Martin Ratio Rank: 3333
Martin Ratio Rank
HIU.TO
HIU.TO Risk / Return Rank: 44
Overall Rank
HIU.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
HIU.TO Sortino Ratio Rank: 22
Sortino Ratio Rank
HIU.TO Omega Ratio Rank: 22
Omega Ratio Rank
HIU.TO Calmar Ratio Rank: 66
Calmar Ratio Rank
HIU.TO Martin Ratio Rank: 88
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EQL.TO vs. HIU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Index ETF CAD (EQL.TO) and BetaPro S&P 500 Daily Inverse ETF (HIU.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

EQL.TOHIU.TODifference

Sharpe ratio

Return per unit of total volatility

0.49

-0.66

+1.15

Sortino ratio

Return per unit of downside risk

0.78

-0.83

+1.61

Omega ratio

Gain probability vs. loss probability

1.11

0.88

+0.23

Calmar ratio

Return relative to maximum drawdown

0.77

-0.36

+1.13

Martin ratio

Return relative to average drawdown

2.92

-0.44

+3.36

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQL.TO vs. HIU.TO - Sharpe Ratio Comparison

The current EQL.TO Sharpe Ratio is 0.49, which is higher than the HIU.TO Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of EQL.TO and HIU.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

EQL.TOHIU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.49

-0.66

+1.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.05

-0.50

+1.55

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

-0.69

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.00

-0.75

+1.75

Correlation

The correlation between EQL.TO and HIU.TO is -0.73. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

EQL.TO vs. HIU.TO - Dividend Comparison

EQL.TO's dividend yield for the trailing twelve months is around 1.37%, while HIU.TO has not paid dividends to shareholders.

TTM20252024202320222021202020192018
EQL.TO
Invesco S&P 500 Equal Weight Index ETF CAD		1.37%1.38%5.37%8.14%8.91%7.19%9.96%8.29%1.35%
HIU.TO
BetaPro S&P 500 Daily Inverse ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

EQL.TO vs. HIU.TO - Drawdown Comparison

The maximum EQL.TO drawdown since its inception was -30.47%, smaller than the maximum HIU.TO drawdown of -91.37%. Use the drawdown chart below to compare losses from any high point for EQL.TO and HIU.TO.

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Drawdown Indicators

EQL.TOHIU.TODifference

Max Drawdown

Largest peak-to-trough decline

-30.47%

-91.37%

+60.90%

Max Drawdown (1Y)

Largest decline over 1 year

-13.01%

-28.20%

+15.19%

Max Drawdown (5Y)

Largest decline over 5 years

-17.60%

-43.31%

+25.71%

Max Drawdown (10Y)

Largest decline over 10 years

—

-76.72%

—

Current Drawdown

Current decline from peak

-4.34%

-90.49%

+86.15%

Average Drawdown

Average peak-to-trough decline

-3.23%

-66.08%

+62.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.42%

22.81%

-19.39%

Volatility

EQL.TO vs. HIU.TO - Volatility Comparison

Invesco S&P 500 Equal Weight Index ETF CAD (EQL.TO) has a higher volatility of 4.61% compared to BetaPro S&P 500 Daily Inverse ETF (HIU.TO) at 4.27%. This indicates that EQL.TO's price experiences larger fluctuations and is considered to be riskier than HIU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EQL.TOHIU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.61%

4.27%

+0.34%

Volatility (6M)

Calculated over the trailing 6-month period

9.37%

9.26%

+0.11%

Volatility (1Y)

Calculated over the trailing 1-year period

17.59%

18.22%

-0.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.51%

16.92%

-2.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.46%

18.11%

-0.65%